 |
bostonbubble.com
Boston Bubble - Boston Real Estate Analysis
|
|
SPONSORED LINKS
Advertise on Boston Bubble
Buyer brokers and motivated
sellers, reach potential buyers.
www.bostonbubble.com
YOUR AD HERE
|
|
DISCLAIMER: The information provided on this website and in the
associated forums comes with ABSOLUTELY NO WARRANTY, expressed
or implied. You assume all risk for your own use of the information
provided as the accuracy of the information is in no way guaranteed.
As always, cross check information that you would deem useful against
multiple, reliable, independent resources. The opinions expressed
belong to the individual authors and not necessarily to other parties.
|
| View previous topic :: View next topic |
| Buyers remorse survey: Know anyone who paid $100K over ask, or would you? |
| Absurd, would never pay that much over ask |
|
0% |
[ 0 ] |
| Only people who paid that have money to burn |
|
0% |
[ 0 ] |
| Agents underprice homes to drive bids that high |
|
0% |
[ 0 ] |
| Might have paid in past but not in cooling market |
|
0% |
[ 0 ] |
| Other |
|
0% |
[ 0 ] |
|
| Total Votes : 0 |
|
| Author |
Message |
RealEstateCafe
Joined: 11 Dec 2007
Posts: 235
Location: Cambridge, MA
|
 Posted: Thu Oct 14, 2021 5:04 pm GMT Post subject: As pending sales go down will BiddingWars remorse go up? |
 |
|
Breaking news: PENDING sales are down nearly 10% across Mass during September according to @MARealtors!
Know anyone who bid $100K over asking price during #PeakREDysfunction this past summer?
As the market cools, will exposing the magnitude of bids over asking price reveal the folly of needlessly paying $100K over ask or make claims against their #FakeBuyerAgent's Errors & Omissions Policy?
Guess the combined daily bidding war premiums paid on CLOSINGS during the 1st 15 days of September:
https://bit.ly/BidWar5MDay_1stHalfSept2021
_________________
Bill Wendel
The Real Estate Cafe
Serving a menu of money-saving services since 1995
97a Garden St.
Cambridge, MA 02138
617-661-4046
realestatecafe@gmail.com
http://realestatecafe.com/blog
http://twitter.com/RealEstateCafe |
|
| Back to top |
|
 |
Guest
|
| Posted: Fri Oct 22, 2021 1:36 pm GMT Post subject: Re: As pending sales go down will BiddingWars remorse go up? |
|
|
| RealEstateCafe wrote: | Breaking news: PENDING sales are down nearly 10% across Mass during September according to @MARealtors!
Know anyone who bid $100K over asking price during #PeakREDysfunction this past summer?
As the market cools, will exposing the magnitude of bids over asking price reveal the folly of needlessly paying $100K over ask or make claims against their #FakeBuyerAgent's Errors & Omissions Policy?
Guess the combined daily bidding war premiums paid on CLOSINGS during the 1st 15 days of September:
https://bit.ly/BidWar5MDay_1stHalfSept2021 |
Bidding wars remorse depends on how much you make.
I think the people who are paying 100k over asking price can afford to lose 100k because they are so rich, probably the 1% income bracket (500k/yr).
I'm in the 5% income bracket (~200k/yr) and I can stomach losing 10k.
It's curious how no one cares that we are the top of the market, but in the past years people use to post how it was a terrible time to buy and fears of buyer's remorse. Did everyone move away or threw in the towel and finally bought? Do any of the pre 2020 buyers have any buyers remorse now? Do any renters waiting for prices to drop have any remorse for not buying over the years? |
|
| Back to top |
|
|
Guest
|
| Posted: Sat Oct 23, 2021 2:42 am GMT Post subject: |
|
|
I've been following this board for years now. No one here ever thinks it's a good
time to buy, no matter how the economy is doing. I agree that you shouldn't
buy during peak bidding war season. But at some point you just need to buy
a house if you want to own a house. |
|
| Back to top |
|
|
|
|
You can post new topics in this forum
You can reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
|
Forum posts are owned by the original posters.
Forum boards are Copyright 2005 - present, bostonbubble.com.
Privacy policy in effect.
Powered by phpBB © 2001, 2005 phpBB Group
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
